We are a specialty finance company that lends to and invests in
development-stage companies in the technology, life science, healthcare
information and services and cleantech industries, which we refer to
collectively as our "Target Industries." Our investment objective is to maximize
our investment portfolio's total return by generating current income from the
debt investments we make and capital appreciation from the warrants we receive
when making such debt investments. We are focused on making secured debt
investments, which we refer to as "Venture Loans," to venture capital backed
companies in our Target Industries, which we refer to as "Venture Lending." We
also selectively provide Venture Loans to publicly traded companies in our
Target Industries. Our debt investments are typically secured by first liens or
first liens behind a secured revolving line of credit, or "Senior Term Loans.